Title: Pump'n'dump notifications: is it really that innovative? Post by: nevadasauce on June 20, 2017, 06:23:19 PM As of today, over 2,000 altcoin enthusiasts have invested in CryptoPing, a so-called market-watching and -analysis bot. Regardless of what "analysis algorithms" they put in to this thing, the idea is that traders can sign up for BUY, BUY, BUY notifications when a coin is about to go up. Never miss another big pump! To me, this sure sounds like a self-fulfilling prophecy machine: Step 1 - Tell users to buy 'cause price will go up; Step 2 - Users buy; Step 3 - What do you know! The price goes up.
Am I missing something here? Other than the convenience of getting market notifications, it seems like this essentially what they're selling. A cheap scam. Is this really the right place to invest 380+ BTC?? Title: Re: Pump'n'dump notifications: is it really that innovative? Post by: TheOATeam on June 20, 2017, 06:27:04 PM lol this is hilarious
Of course you don't invest 380+ BTC on this. Are you crazy? it is useful though. Title: Re: Pump'n'dump notifications: is it really that innovative? Post by: nevadasauce on June 21, 2017, 02:55:31 PM lol this is hilarious Of course you don't invest 380+ BTC on this. Are you crazy? it is useful though. I didn't mean that I'd invest 380 BTC. I personally don't see enough value to invest anything in CryptoPing. I was referring to the total amount others have invested in the project via the ICO. Title: Re: Pump'n'dump notifications: is it really that innovative? Post by: ChinkyEyes on June 21, 2017, 03:26:08 PM To good to be true in my opinion
Title: Re: Pump'n'dump notifications: is it really that innovative? Post by: ziyauddinmomin1@gmail.com on June 21, 2017, 06:29:44 PM Very useful
Title: Re: Pump'n'dump notifications: is it really that innovative? Post by: ahmedjamal1998 on June 21, 2017, 06:36:04 PM Well I actually used it for two weeks and it's actually quite useful.
Not that it predicts every single price change but when it does send me a signal it happens. I didn't actually invest in it nor thinking about it. I'd prefer to sit away and watch what's gonna happen next. Title: Re: Pump'n'dump notifications: is it really that innovative? Post by: Shiroslullaby on June 21, 2017, 07:52:55 PM Yeah if you got enough people signed up you could say a coin was about to moon, make a couple buy orders yourself,
and then start unloading coins on the followers. Price would go up as people bought and it would look like a legitimate service while dumping your bags. Pretty genius if you can get people to continually follow your advice. |